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Jan 9, 2013
01/13
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. >> we've lived in this environment for the last 18 months, one big disaster after another. everyone is waiting for the policy response, comes at the 11th hour and 59th minute. this is a pattern everyone has gotten used to but the fiscal cliff and the debt ceiling are the last big tail risks we think of the tail risks that we have to worry about, saw we would say once we get past that over the next several months we think it will lift a little bit of a cloud and investors will take risks. >> good to see you. >> good to see you. >> thanks so much for joining us. >> bob, thanks to you as well. ten minutes to go before we close it up. the dow jones industrial average holding on to a gain of 50 points. >> well, this herbalife soap opera is continuing. herb greenberg is coming up. all over the big move in the stock. take a look. up 3.25% right now. we'll show you what's behind it. >> and can you believe the iphone was only introduced five years ago? it is true. five years ago today, in fact, so here's a trivia question for you. the iphone alone is worth more money than what whole
. >> we've lived in this environment for the last 18 months, one big disaster after another. everyone is waiting for the policy response, comes at the 11th hour and 59th minute. this is a pattern everyone has gotten used to but the fiscal cliff and the debt ceiling are the last big tail risks we think of the tail risks that we have to worry about, saw we would say once we get past that over the next several months we think it will lift a little bit of a cloud and investors will take...
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Jan 28, 2013
01/13
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and that's a great environment for stox. now, the key thing is this whole notion with respect to when investors will be selling bond funds into equity funds. let's not get too excited. we had strong inflows in january of 2010 but that was after a double digit advance in 2009. some could be asset allocation. needs to see all of this develop over a longer period of time. not just because stocks were up last year. >> are they going to be pushed, though, by the fact that you have rates going -- i mean 10-year yield is at 2%. the investors are already being pushed to find something somewhere. >> here's the trigger. when liz ann's clients at schwab open up and see a negative sign to their bond fund that they purchased in 2012, that will be the impetus. when they see and feel that they're losing money in the -- >> that it hasn't worked. >> they're losing money. they weren't supposed to lose money. that was supposed to be their safety net. when they feel that pain, that's when you'll see a more concerted effort. >> is that the catal
and that's a great environment for stox. now, the key thing is this whole notion with respect to when investors will be selling bond funds into equity funds. let's not get too excited. we had strong inflows in january of 2010 but that was after a double digit advance in 2009. some could be asset allocation. needs to see all of this develop over a longer period of time. not just because stocks were up last year. >> are they going to be pushed, though, by the fact that you have rates going...
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Jan 16, 2013
01/13
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how are you investing in this environment? >> we think it's important not to be taking too little risk, so certainly making sure that you have adequate exposure, especially to things like the emerging markets where the fundamentals of growth are a lot better than they are in the united states is clearly important, but most of all making sure that you're taking in risk in line with what you can afford to take and not taking too much and not too little but really controlling it throughout the year. >> steve. is it possible that the beige report that we get today is sort of ancient history because things are becoming clearer now as far as the fiscal policy of the united states. we still have the debt crisis coming in a couple of months here to be resolved, but, you know, things do seem to be getting better. we've had some companies say that the housing market is for real right now, for example. >> yeah. i guess there's two different ways to think about it, bill. ancient history or crystal ball telling our future. i mean, when i r
how are you investing in this environment? >> we think it's important not to be taking too little risk, so certainly making sure that you have adequate exposure, especially to things like the emerging markets where the fundamentals of growth are a lot better than they are in the united states is clearly important, but most of all making sure that you're taking in risk in line with what you can afford to take and not taking too much and not too little but really controlling it throughout...
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Apr 9, 2013
04/13
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it is a risk on, risk off environment. and there's a very, very high chance we could see a little bit of pullback later on. >> well, what would be the catalyst? what's your best guess, then, steven, in terms of the catalyst, to really take this market down. you say the market's up for no reason. well, we know why it's up. the fed has created an environment where stocks are the best opportunity, as well as some economic indicators that have turned high, like housing. so we know why it's up. >> well, the catalyst really is going to be about news. you know, one thing everybody forgot is the problems that we had in 2008 with debt. debt in the u.s. and debt in europe. and i have to say that it's gotten worse. it has not gotten better. and investors have totally forgotten that we are not out of the woods in terms of the problems and where this country and, especially, where the developed countries are going. that is a major problem that we all forgot about. >> mr. mark and rick santelli, what do you make. do you make any chink i
it is a risk on, risk off environment. and there's a very, very high chance we could see a little bit of pullback later on. >> well, what would be the catalyst? what's your best guess, then, steven, in terms of the catalyst, to really take this market down. you say the market's up for no reason. well, we know why it's up. the fed has created an environment where stocks are the best opportunity, as well as some economic indicators that have turned high, like housing. so we know why it's...
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Jan 10, 2013
01/13
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you make the key point there which is we're in the most conservative credit lending environment that this nation has seen in several decades at a time when we need home purchase activity to increase at a far greater rate. those two are clearly juxtaposed in opposition to each other. this qm rule is not bad t.basically boxes in today's credit standards, but it's by no means going to broaden credit access to homeowners across the market and we still really need to resolve, not just this qm rule and see how it gets implemented, but again basl, qrm, repurchase stab guards and gses. for capital to come back, investors need confidence that when they lend, they can do so safely and soundly in a way that doesn't catch them later on. >> right. >> this is step one, and there are many steps to come. >> david, thank you. diana, thank you. we'll keep watching this. appreciate your time tonight and will see you soon. 20 minutes before the closing bell sound. we're at the hues of the day. a gain of 77 points on the industrial average. >> disappointing home sales, canary in the coal mine for how upp
you make the key point there which is we're in the most conservative credit lending environment that this nation has seen in several decades at a time when we need home purchase activity to increase at a far greater rate. those two are clearly juxtaposed in opposition to each other. this qm rule is not bad t.basically boxes in today's credit standards, but it's by no means going to broaden credit access to homeowners across the market and we still really need to resolve, not just this qm rule...
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Jul 31, 2013
07/13
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economy than the rest of the world is a good play in this environment? >> right. but the news is priced in. the good news, in my opinion, is priced in. especially relative to the rest of the world when you look at european stocks or emerging markets stocks that are getting crushed on a relative valuation basis. that brspread is as high as it' been over the last decade. >> i see continued demands here. with the entire rally, you have to give the benefit of the doubt to the bulls. until support levels have to break, you have to be long this trend here. >> i don't know where the russell will go, as much as jc knows or the viewer at home knows, but i know the risk/reward is much greater risk rather than reward. >> all right, gentlemen, we'll leave it there. thank you so much. great conversation. you both make great points on the russell. meanwhile, we still have money moving into that index. we'll see you soon, guys. >>> the answer, can we still close out at all-time highs, the second best month of the year. going back to record highs? at 15,573. >> it's been dictated
economy than the rest of the world is a good play in this environment? >> right. but the news is priced in. the good news, in my opinion, is priced in. especially relative to the rest of the world when you look at european stocks or emerging markets stocks that are getting crushed on a relative valuation basis. that brspread is as high as it' been over the last decade. >> i see continued demands here. with the entire rally, you have to give the benefit of the doubt to the bulls....
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Jul 29, 2013
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i think industrials are poised to do extremely well given the low interest rate environment, given there's a lot of pent-up demand that's been satiated. i like industrials, tech, energy, particular domestic energy, gas, things of that nature. >> industrial earnings were one of the bright spots if not the brightest spot so far. banks have done obviously -- >> financials are doing great. >> financials have done well. ge has done well, utx, honeywell. >> i like utx, 3m, a whole bunch of industrials in the portfolio doing great. we love financials. a lot of financials in the portfolio. we had to suffer with them earlier, but they're doing well now. >> all right, michael, good to see you. >> thank you. >> michael crofton, philadelphia trust company, president and ceo. 20 seconds before the bell. it's a down day, but again, you have such a busy week. the market seems to be taking a wait-and-see approach. kayla and i will have that plus big earnings coming. herbalife is moments away. [ bell ringing ] >>> it's 4:00 on wall street. welcome to the "closing bell." i'm kayla along with scott wapner. m
i think industrials are poised to do extremely well given the low interest rate environment, given there's a lot of pent-up demand that's been satiated. i like industrials, tech, energy, particular domestic energy, gas, things of that nature. >> industrial earnings were one of the bright spots if not the brightest spot so far. banks have done obviously -- >> financials are doing great. >> financials have done well. ge has done well, utx, honeywell. >> i like utx, 3m, a...
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Feb 19, 2013
02/13
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we've got a cheap credit rate environment, as we said, so you want to be able to put cash to work and to be affect the buyouts. what i will say is be cautious though. some of the ones that look good on paper may have a really high concentration of inside ownership, and unless those people are on board with the deal, that could be an impediment. >> rick santelli, what's on your radar today? a lot of economic data coming up. not much in the way of supply though from the government. >> no, but tomorrow is a big day. we have inflation, ppi. we have housing starts and permits. the minutes to the 29th and 30th fed meeting. if you look at intraday charts of 10s and 30s, pretty much taking a hammock kind ofs. >> reporter: until -- kind of s and you can clearly say we moved up a bit. we're hovering in the 10s and 30s with new high closes going back to april. still not there yet. i know you said it was the best start since 1967. in 1967, bill, the dow went from about 780 to 900, and they did all that when interest rates started out the year around 4.5, ending up very close to 6%. boy, hey, caro
we've got a cheap credit rate environment, as we said, so you want to be able to put cash to work and to be affect the buyouts. what i will say is be cautious though. some of the ones that look good on paper may have a really high concentration of inside ownership, and unless those people are on board with the deal, that could be an impediment. >> rick santelli, what's on your radar today? a lot of economic data coming up. not much in the way of supply though from the government. >>...
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Dec 16, 2013
12/13
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we have benign inflation environment. we could be at no inflation for years. there's no pressure on the fed to change their policy -- their easy policy they have now. we will begin tapering at some point. that's priced into the market. whether it happens this week or happens in the first quarter. but i think con temporary to abigail's outlook, gdp growth next year, 9% earnings growth, revenue increasing, top line growth increasing, we now have housing, last leg of the economy recovering, auto sales are booming, precrisis levels in autos. and, you know, we just continue to see -- and the sentiment of the average investors out there, the poll that said there are so many that are concerned about a downturn in the market next year. not only contrarian indicator but also important because we need those people that aren't bulls yet. we need to climb that wall of worry. as long as everyone's not a bull, we need that market top. >> i wanted to challenge abigail on that as well. thank you for joining us. even you, cowardly lion. >>> heading toward the close. 50 minutes
we have benign inflation environment. we could be at no inflation for years. there's no pressure on the fed to change their policy -- their easy policy they have now. we will begin tapering at some point. that's priced into the market. whether it happens this week or happens in the first quarter. but i think con temporary to abigail's outlook, gdp growth next year, 9% earnings growth, revenue increasing, top line growth increasing, we now have housing, last leg of the economy recovering, auto...
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Nov 20, 2013
11/13
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you have to be able to in a highly competitive environment continue to innovate, continue to develop new product. we need to continue to launch new partnership, new products, recruit the best employees. that is how we succeed. liz: from the surface of the report it was such an attack in a way that looks like he has done some legitimate work, he is a lawyer. bring it on, any evidence we had revealed in court is something we would be happy to do. taught a very strong game and get we did our homework and looked at this. they have done their due diligence, i would imagine. >> shareholders are on the ground in china talking to our partners. they visited our channel partners. liz: as we finish, qc report is a total fabrication and a lie? >> it is to execute the result and on the guidance of we provided. liz: nq mobile up today, going into a show about 7% for the the other numbers are pretty good. 131% year to date. it is a fascinating story, we will continue to follow. omar, thank you very much. the co-ceo of nq mobile. again, moving higher today. the closing bell ringing in 37 minutes. he
you have to be able to in a highly competitive environment continue to innovate, continue to develop new product. we need to continue to launch new partnership, new products, recruit the best employees. that is how we succeed. liz: from the surface of the report it was such an attack in a way that looks like he has done some legitimate work, he is a lawyer. bring it on, any evidence we had revealed in court is something we would be happy to do. taught a very strong game and get we did our...
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Jun 17, 2013
06/13
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you're in a low yield environment now, and the key is going to be in the next few days how the feds talk about getting themselves out of this conundrum. because real short interest rates, which are the proxy for monetary easing tightness, are starting to go up. my question tomorrow is going to be whether that's okay in view of the fed or whether they'll want to preempt that. if they don't preempt it, it suggests that they are accepting the fact that monetary policy has begun to tighten. >> so, dan, where is the best use for that cash? let's say you're talking to some of the clients that have redeemed money from bond funds. where would you advise them putting that money? >> i think you have to have a broad, diversified portfolio of stocks. there's no way around it. if people are going to look to retire at some point in their life, they're going to outlive their retirement assets if they own only fixed income assets. and most individuals, and certainly a lot of big players we talked to, have given us insights out here. most are not exposed to the stock market as well. many are sitting on t
you're in a low yield environment now, and the key is going to be in the next few days how the feds talk about getting themselves out of this conundrum. because real short interest rates, which are the proxy for monetary easing tightness, are starting to go up. my question tomorrow is going to be whether that's okay in view of the fed or whether they'll want to preempt that. if they don't preempt it, it suggests that they are accepting the fact that monetary policy has begun to tighten....
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Dec 23, 2013
12/13
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instead what i would be worried about is an environment where the economy is lower, inflation weaker, and companies have difficulty maintaining pricing power. liz: now what people really want to hear about, what to do with your money. first lets just hear from you. do you stick with stocks? is that the trade to stay with? do you pair back winners which is always a good thing to suggest. or do you go somewhere else in a different direction? >> all of the above. you stick with stocks. no longer nearly as cheap as they were. on a relative basis they are still better than bonds and cash. you do pair back on some, particularly some of the places is the segments of the market where i could trim gains off of the table. the last part of the question is spot on. you do go somewhere else. places that have not -- not done as well in 2014, part of you that has not done as well in 2013 may be a better bet for 2014, international stocks including emerging markets. people have had a great run in the u.s. is a market you want to participate in. massively overweight, like outside for new money. i don'
instead what i would be worried about is an environment where the economy is lower, inflation weaker, and companies have difficulty maintaining pricing power. liz: now what people really want to hear about, what to do with your money. first lets just hear from you. do you stick with stocks? is that the trade to stay with? do you pair back winners which is always a good thing to suggest. or do you go somewhere else in a different direction? >> all of the above. you stick with stocks. no...
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Apr 12, 2013
04/13
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they realize that if they look at fixed income a rising rate environment, what could it mean for them? >> our business today really serves advisers, and in many ways, those advisers are the voice of lots of retail investors, and we see their volume of trades up significantly, month over month and year over year. >> you know, it's hard to get somebody back in who's been burned. so the retail investor suffered through the flash crash a couple years ago on may 6th. they suffered through the financial crisis, where the value of their home plummeted and the value of their 401(k). it takes time. >> takes a long time. and you know, once burned, twice shy. and they are just uncertain of the market. it's been interesting for me, because i've really seen more of a migration to using advice and advisers. and at the end o. year, a lot of it was fear around rising tax rates, what would that mean. i think you're seeing is it in the numbers today. so i think we have to start getting to the new norm. but eventually, there's definitely an upward bias and a lot of volatility yet to come. >> i'm glad yo
they realize that if they look at fixed income a rising rate environment, what could it mean for them? >> our business today really serves advisers, and in many ways, those advisers are the voice of lots of retail investors, and we see their volume of trades up significantly, month over month and year over year. >> you know, it's hard to get somebody back in who's been burned. so the retail investor suffered through the flash crash a couple years ago on may 6th. they suffered...
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Apr 29, 2013
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the accommodating financing environment. the hundreds of billions of dollars in unfunded capital commitments in private equity hands. a creative nature of all these deals. all the ingredients are there. confidence in the board room is the last piece. that's coming as we're distancing ourselves from the financial crisis and the european financial crisis and the fiscal cliff. in our world, in the small mid cap space, as you know, we invest in companies $1 billion to $5 billion. we actually have seen a good deal of m & a. recently our companies, our core positions, have been acquired. we're seeing it in our small mid cap world. i believe that we will see broadly more m & a because the setup is so great. the missing piece is the confidence as peter said. >> you're absolute i right. that's why i asked the question. i can't believe with rates at rock bottom levels and $4 trillion of cash on balance sheets we're not seeing lots more situations. you're a value guy. do you see value in the public market here at record levels? >> i do
the accommodating financing environment. the hundreds of billions of dollars in unfunded capital commitments in private equity hands. a creative nature of all these deals. all the ingredients are there. confidence in the board room is the last piece. that's coming as we're distancing ourselves from the financial crisis and the european financial crisis and the fiscal cliff. in our world, in the small mid cap space, as you know, we invest in companies $1 billion to $5 billion. we actually have...
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Jul 31, 2013
07/13
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liz: don't need a more fertile environment, yesterday the president came out with news that he is proposing a 28% corporate tax rate, 25% manufacturers. do you imagine yo you'd fall unr the manufacturer type? >> the president is doing all the right things, making it a core part of the policy. during what you said before about that. if you have manufacturing you get innovation. if you have innovation and don't have manufacturing you will lose innovation that is what the chinese and other countries have figured out. how do i get manufacturing of the advanced kind and put facilities like these? that is wh what he's putting the policies in place. to actually do a special manufacturing to get the jobs, the high-paying jobs here. liz: so the 25% level? >> sure. it has to be revenue neutral. we all get that. all of us get that. taking it from where it is, if it ends up being the same tax rate for all of us, i get that. if it has to be a special incentive, manufacturing has the best multiplayer. there are more jobs created around me. that is a great multiplayer. really good high-paying jobs. liz: y
liz: don't need a more fertile environment, yesterday the president came out with news that he is proposing a 28% corporate tax rate, 25% manufacturers. do you imagine yo you'd fall unr the manufacturer type? >> the president is doing all the right things, making it a core part of the policy. during what you said before about that. if you have manufacturing you get innovation. if you have innovation and don't have manufacturing you will lose innovation that is what the chinese and other...
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Apr 29, 2013
04/13
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do well even with a less-than-perfect environment. we think 12 times, this is a good cannes to buy a stock that's still growing close to 20%. in the case of tiffany, we see a company selling at ten times, a company that will benefit from the wealth of higher stock prices, better growth prospects in japan. and in the case of ralph lauren, terrifically-managed company. this is a company that grew right through the recession, the great recession of 2008. we think this is a great play on global consumerism. liz: okay. sorry -- hi, how are you? i'm just here with boone pickens. boone, of course, interrupting the interview, as always, because the world revolves around boone. >> it is a big deal here. liz: it is a big deal, and we're thrill today see you. boone, of course, an oil man but into natural gas, very good friend of the fox business network. howard, back to you. tell me not to be skeptical about the share buyback on any level. i look at that sometimes as a little bit of alchemy when companies are very interested in maybe juicing sor
do well even with a less-than-perfect environment. we think 12 times, this is a good cannes to buy a stock that's still growing close to 20%. in the case of tiffany, we see a company selling at ten times, a company that will benefit from the wealth of higher stock prices, better growth prospects in japan. and in the case of ralph lauren, terrifically-managed company. this is a company that grew right through the recession, the great recession of 2008. we think this is a great play on global...
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we had crystals which opened as a retail environment and the hotel market that fell apart. and all of those challenges that have frankly been resolved. we have sold more residential than any year and we are actually having an asset now instead of a liability. the hotel is actually making money and crystals is having a record year this year as a retail luxury. i think the ending they are is talking from our side we know that it is only getting better. liz: 's stock is up, so congratulations on that. it has been a nice year for you guys. keep us posted. the site is going well and you're going to have to room. thank you so much. >> thank you for joining us. jim murren, the ceo of mgm. "countdown to the closing bell." the disney blockbuster that bond. we have the verbal battle between george clooney and the high-stakes scuffle over the future of sony. movie business versus big money. we have the details on the comeback. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-dai
we had crystals which opened as a retail environment and the hotel market that fell apart. and all of those challenges that have frankly been resolved. we have sold more residential than any year and we are actually having an asset now instead of a liability. the hotel is actually making money and crystals is having a record year this year as a retail luxury. i think the ending they are is talking from our side we know that it is only getting better. liz: 's stock is up, so congratulations on...
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Oct 28, 2013
10/13
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multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. ♪ ♪ liz: let's get to our power mover of the hour. look at den drink and shares. the biotech drug maker jumping 12 plus percent after reports that the company is looking for a buyer following weak reports for its leading prostate cancer drug therapy provenge. these stocks tend to be awfully volatile, so always be careful with some of the smaller biotech companies. we usually like to remind people of that. so i'm looking at the clock. in just over an hour, apple reports fourth quarter results. one apple bull says that's old news already. all that stuff that you're looking at at the apple store, old news. he's spinning it forward to next year. he's got the crystal ball. he says that investors should watch out for some blockbuster apple newbies that he believes will skyrocket the stock even higher. gene munster back with us to break down the future. you talk about what people should look for, looking for margins and whether
multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. ♪ ♪ liz: let's get to our power mover of the hour. look at den drink and shares. the biotech drug maker jumping 12 plus percent after reports that the company is looking for a buyer following weak reports for its leading prostate cancer drug therapy provenge. these stocks tend to be awfully volatile, so always be careful with...
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Jan 25, 2013
01/13
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and we really see an environment here where it's really going to be a golden age for individual -- >> like which ones? >> stock selection and active managers. >> pin it down. give us some names. >> okay. well, we like the theme of oil by rail. trinity industries which makes cars that move rail. we like a derivative of the housing recovery briggs & stratton. we also like names where there is kind of secular growth opportunities and we see a shoe carnival as a small retailer regardless of what happens with the consumer we think they can really grow their store base and do it all organically. >> got it. >> shoes on a ship? >> shoe carnival. >> marc travis does the dow get back to the record high in the next week or next week or two and then what happens? >> you know, i would hesitate to annualize up 6% for january. you know, i'm like eric. i'm searching for equity securities where there is a discount between price and value. i would differ a little bit with eric in the small cap space. if you look at the russel 2000 it trades at 16 times operating income. the inverse of that is 6.25, whi
and we really see an environment here where it's really going to be a golden age for individual -- >> like which ones? >> stock selection and active managers. >> pin it down. give us some names. >> okay. well, we like the theme of oil by rail. trinity industries which makes cars that move rail. we like a derivative of the housing recovery briggs & stratton. we also like names where there is kind of secular growth opportunities and we see a shoe carnival as a small...
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Apr 9, 2013
04/13
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>> it's a very different environment. for 25 years, you've had this almost persistent interest rate decline, with some blips along the way. now you've got to find income in different ways. now, we're trying to source income around the world. you know, still, the bond market is attractive, parts of high yield are attractive. parts of asia is attractive. we like some of the real estate markets, nonagency mortgages. we're trying to create income, not take a lot of duration risks, knowing that the fed is going to start pulling back, to create income in our portfolios. >> are you buying japan? >> you know, i think, you know, we've been pretty public about the currency i still think is going to weaken from here. i think you've done a lot of the work already. i think the japanese equity market, the nikkei has got some upside given the tremendous stimulus that's coming in there. it's pretty hard to buy jjbs at the levels they're trading at today. at some point, i would like to see them back up from today's levels. >> what are the
>> it's a very different environment. for 25 years, you've had this almost persistent interest rate decline, with some blips along the way. now you've got to find income in different ways. now, we're trying to source income around the world. you know, still, the bond market is attractive, parts of high yield are attractive. parts of asia is attractive. we like some of the real estate markets, nonagency mortgages. we're trying to create income, not take a lot of duration risks, knowing...
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Apr 11, 2013
04/13
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but eric, i notice you're not mentioning the regulatory environment. this is something i'm going to be talking about in my observation at the end of the show. how big of an issue is this? >> yeah, it's a very big did l year, with the london whale trades. and they are squarely under the microscope right now. so, it will be interesting to hear what they say tomorrow, as far as what their reserves are for legal issues and what their outlook is for regulatory climate going forward. >> okay. so, is that going to impact legislation, other legislation, is that going to impact the earnings prospects for these companies? >> well, the volcker rule is still under construction, and it will likely impact the capital markets activities for jpmorgan chase and citigroup and bank of america. and what happened last year with jpmorgan chase will certainly make the volcker rule a little bit harsher. >> i see. david, what about you. do you worry about the regulatory environment? >> always. it's well meaning, but it goes too far. it always does. it has for, whether it's the
but eric, i notice you're not mentioning the regulatory environment. this is something i'm going to be talking about in my observation at the end of the show. how big of an issue is this? >> yeah, it's a very big did l year, with the london whale trades. and they are squarely under the microscope right now. so, it will be interesting to hear what they say tomorrow, as far as what their reserves are for legal issues and what their outlook is for regulatory climate going forward. >>...
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Oct 31, 2013
10/13
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multiply that across over a thound locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. liz: 58.com. have you heard of this? shares of the current list of china. this is the craigslist of china. online merchandise. take a look at these shares. today, its public debut on the stock exchange. selling 11 million american depositary shares for $17 each. already at 25. bill ackman, the billionaire hedge fund, little pudgy, little sensitive. he lost millions on the shortening of herbalife. but he's not giving up yet. charlie gasparino with the latest. charlie: he's kind of a weird guy. apparently our competition brand x wrote a headline about the fight he had with icahn. he called up and asked for a correction. he is not technically a billionaire. liz: smart, thoughtful, interesting but this trait is bringing him down. charlie: that and i think he is a media in a plater. we went after carl icahn, we put him want to defend himself the head in his defense admitted to manipulating the media. it is not his fault, but you c
multiply that across over a thound locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. liz: 58.com. have you heard of this? shares of the current list of china. this is the craigslist of china. online merchandise. take a look at these shares. today, its public debut on the stock exchange. selling 11 million american depositary shares for $17 each. already at 25. bill ackman, the billionaire hedge fund, little pudgy,...
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Aug 1, 2013
08/13
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you can begin to bring a and implode almost the industry, focused on which regulatory environment you want to be in. so i'm hoping that he does a good investor, and runs companies the right way and leave regulation up to regulators. >> that's exact litly the senti of mayor bloomberg. >>> what is the acceptable growth rate investors might expect from aig. one to three years or beyond? >> we have talked about aspirationally, we want mid teens, earnings per share groaning. we want to continually grow our book. i would isn't a, rather than put a number around it, we want it grow and be a top performer when you look at our growth to book value, earnings per share and improvement in our roe. as long as you keep doing that, i think you will see aig be a very good performing stock. >> and it is certainly performing tonight. 3.5% higher. resuming dividend buy back strong earnings. bob, good to have you on the program. >> thank you. >> bob benmosche, aig. >>> he is bull on regional banks. he will name names for tomorrow's movers tonight. well give you a leg up on friday's action. we have the nu
you can begin to bring a and implode almost the industry, focused on which regulatory environment you want to be in. so i'm hoping that he does a good investor, and runs companies the right way and leave regulation up to regulators. >> that's exact litly the senti of mayor bloomberg. >>> what is the acceptable growth rate investors might expect from aig. one to three years or beyond? >> we have talked about aspirationally, we want mid teens, earnings per share groaning. we...
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Feb 21, 2013
02/13
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. >> from what you say today in terms of the environment, u.s. as well as holdings elsewhere outside, the teal in china, et cetera, what does it say about the global economy? >> we see everything for our business. it's continuing to do okay. you know. we have a big operation in japan. we're still doing reasonably okay in japan. china's a great growth opportunity as you saw for us. looking at brazil and other countries like that, and the u.s. market also is a good market so, you know, don't count out the u.s., so we're here. we've got to figure out some of the issues with product which we have. peter hancock has done an excellent job of bringing risk management into the u.s. marketplace so we're pretty comfortable we'll see growth around the world, and the economies so far have not really dramatically affected our business. >> bob benmosche, nice to have you on the program. >> thanks you. >> president and ceo of aing a. >>> up next, bob pisani and up next a u.s. executive calls french executives lazy. how about that. this is real, folks. he's got
. >> from what you say today in terms of the environment, u.s. as well as holdings elsewhere outside, the teal in china, et cetera, what does it say about the global economy? >> we see everything for our business. it's continuing to do okay. you know. we have a big operation in japan. we're still doing reasonably okay in japan. china's a great growth opportunity as you saw for us. looking at brazil and other countries like that, and the u.s. market also is a good market so, you...
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Aug 12, 2013
08/13
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among the reasons, he says, an improving economic environment, clarity on regulatory measures, improving credit quality, and giving back more to shareholders, increasing dividends, buying back stock. goldberg still optimistic from the bank stocks from here. to the extent we see an improving economy, he says, the group is leveraged to that. he rates citi, jpmorgan, wells fargo, all overweight. kelly, back to you. >> sure. that would suggest they still have room to run. thank you, josh. anton says there is still plenty of upside momentum left. >> we're going to find out where he sees the opportunities. he's joined now along with jeff hart from sandler o'neil who has the best buys in financials, as well. anton, explain this to me. why they're doing this well. they've got all kinds of regulations being thrown at them. the capital requirements are going up. interest rates are still at record lows, and yet we're talking about how strong the financials are. what is wrong with this picture? >> well, the economy's perking along. i mean, what's more sensitive to housing than financials? and that's
among the reasons, he says, an improving economic environment, clarity on regulatory measures, improving credit quality, and giving back more to shareholders, increasing dividends, buying back stock. goldberg still optimistic from the bank stocks from here. to the extent we see an improving economy, he says, the group is leveraged to that. he rates citi, jpmorgan, wells fargo, all overweight. kelly, back to you. >> sure. that would suggest they still have room to run. thank you, josh....
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mike weighing in, mike says: he doesn't think they can compete in the current retail environment, just too horse and buggy. join in, don't forget to like us at face book.com/liz claman. also help me beat charlie in the twitter or war we're having, @lizclaman. i think i'm 3,000 behind. >>> okay, when this analyst was on our show in september, he picked a stock that has rallied nearly 55%. yes, 55%. don't we all wish we put everything we own into safe? i mean, who would have thought safeway? but his second pick almost as good, it's up more than 30%. the man, the legend behind these two picks, look at don schreiber. been in the business 30 years, and look how well you're doing now with some great picks, and we want more, don. first, how did you know to pick safeway? i'm always interested in going back and saying anybody, you know, after it happens can be a hero and say, oh, i saw that coming. of you really did. >> well, we have a software-based quantitative stock selection program. liz: so it's not your genius? >> it is. we try to take the emotion out of investing. you make mistakes when
mike weighing in, mike says: he doesn't think they can compete in the current retail environment, just too horse and buggy. join in, don't forget to like us at face book.com/liz claman. also help me beat charlie in the twitter or war we're having, @lizclaman. i think i'm 3,000 behind. >>> okay, when this analyst was on our show in september, he picked a stock that has rallied nearly 55%. yes, 55%. don't we all wish we put everything we own into safe? i mean, who would have thought...
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May 21, 2013
05/13
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and on the other side, if the numbers are bad, we're going to see qe here, low interest rate environment. so i do agree with her, i think that the path has been up, and there will be some type of a retracement, but i think that retracement will be met with pretty good buying. liz: doreen, when you look at all that's out there, we've got a stock picker who likes a company we've had the ceo on, they are an interesting company that's done extraordinarily well, up triple-digit percentage, more than 100% over the past year, and this is not one of those names that gets mentioned, and you see this repeated over and over again. >> look at where the russell is. i mean, these are the kinds of stocks that people are looking at. where is the most return, where can we place a bet and get our biggest return. people are looking for return. that is really what this market is about. they're nnt getting it anywhere else. as long as interest rates are going to stay low, as charlie just said, i think the people are going to look at stocks whether it's dividends, getting yields, you know, whatever kind of yi
and on the other side, if the numbers are bad, we're going to see qe here, low interest rate environment. so i do agree with her, i think that the path has been up, and there will be some type of a retracement, but i think that retracement will be met with pretty good buying. liz: doreen, when you look at all that's out there, we've got a stock picker who likes a company we've had the ceo on, they are an interesting company that's done extraordinarily well, up triple-digit percentage, more than...